Archives

September 19, 2023 @ 4:59 pm By JD Alois  |  

According to a recent survey, 58% of US consumers expect all payments will be digital in the near future. This percentage increases to 67% when polling a younger demographic – more specifically, Millennials. Banking platform provider Temenos (SIX: TEMN) surveyed  2000 adults about their purchasing… Read More

August 19, 2023 @ 6:49 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos in order “to modernize its core banking platform, helping the bank, which serves seven million Filipinos, to quickly launch new banking products and scale… Read More

July 10, 2023 @ 10:43 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that BanCoppel, part of Grupo Coppel, one of the largest organizations in Mexico, which includes brands such as Afore Coppel and Tiendas Coppel, has selected Temenos in order “to continue its technological transformation, driving modern banking services.” BanCoppel was reportedly the… Read More

June 26, 2023 @ 8:08 am By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced that Puerto-Rico headquartered Segura Bank has selected Temenos “to power the launch of a new digital bank in the cloud for mid to high earners in Latin America.” Segura Bank will run Temenos’ banking platform “on Microsoft Azure to develop… Read More

May 21, 2023 @ 1:10 pm By Omar Faridi  |  

Temenos (SIX: TEMN) launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, “helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.” The solution “enhances productivity and reduces delinquencies for the lenders… Read More

May 10, 2023 @ 5:24 pm By Omar Faridi  |  

Temenos open platform, running on Red Hat OpenShift, is now available on IBM Power, LinuxONE and IBM Cloud for Financial Services to enable banks to realize the benefits of hybrid cloud. The partnership aims “to help accelerate banks’ digital transformation programs by providing enhanced security,… Read More

April 14, 2023 @ 12:04 pm By JD Alois  |  

Regions Bank (NYSE:RF), a large regional bank based in Alabama, has selected Temenos (SIX: TEMN) to update its banking platform, bringing it into the Fintech era. Regions Bank has approximately $155 billion in assets, ranked at 227th in the US for consolidated assets as of… Read More

April 5, 2023 @ 9:53 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos core banking platform, going live in just six months. Temenos enables Saudi EXIM Bank “to drive operational and financial efficiency, making it faster and easier for businesses to access trade finance,… Read More

March 28, 2023 @ 8:27 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Kiatnakin Phatra Securities Plc., one of the leading financial institutions in Thailand for wealth management, has selected Temenos to advance its service platform. Kiatnakin Phatra Securities, “which is part of Kiatnakin Phatra Financial Group, will implement Temenos Wealth to provide… Read More

January 17, 2023 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced a number of leadership changes as the company prepares for the next phase of growth. After 20 years of service, Max Chuard has “decided to step down from his role as CEO and a search to identify a new CEO is… Read More

January 6, 2023 @ 3:49 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Next Commercial Bank, a new digital bank backed by Chunghwa Telecom, Taiwan’s largest telecom operator, has “gone live on Temenos core banking platform, opening to customers during 2022.” One of the first digital banks in Taiwan “to receive a virtual… Read More

December 1, 2022 @ 11:41 am By JD Alois  |  

Temenos (SIX: TEMN), a banking platform provider, has expanded its relationship with Mbanq to boost its Banking as a Service (BaaS) in the US. At the same time, Temenos has invested in Mbanq, taking a minority stake in the Fintech. Temenos did not immediately reveal… Read More

November 26, 2022 @ 5:14 pm By Omar Faridi  |  

The partnership between the banking platform, Temenos (SIX: TEMN), and Greenomy’s, EU Taxonomy alignment SaaS solution, “expedites fully automated non-financial reporting and monitoring of the alignment of the bank’s assets in their banking book against their sustainability objectives.” The implementation of EU Taxonomy (EUTax), the… Read More

November 18, 2022 @ 8:20 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced that it has passed 850 customers with Temenos Infinity digital banking platform, successfully “delivering implementations across client tiers and multiple geographies.” A raft of banks have gone live with Temenos Infinity “from banks in Europe, Middle East and Africa such as… Read More

October 13, 2022 @ 12:29 pm By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced that it is the first to market with a SaaS offering that enables banks “to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.” Temenos’ FCM-as-a-Service “delivers pre-built configurations aligned to global industry… Read More

September 14, 2022 @ 12:27 am By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced the collaboration between Temenos Multifonds and PATRONAS Financial Systems, a provider of advanced software for the European investment industry. The collaboration “offers asset managers an integrated ‘best of breed’ front to back-office solution by utilizing PATRONAS’ … front and middle-office… Read More

August 26, 2022 @ 7:11 pm By Omar Faridi  |  

Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM in order “to replace its legacy core systems with Temenos open platform for composable banking.” Part of the IBM Ecosystem, Temenos and IBM have successfully “teamed for… Read More

August 21, 2022 @ 4:07 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud “for customers served under the BOQ and Virgin Money brands.” Work has commenced on “the migration of BOQ’s ME brand to Temenos Banking Cloud.” Using… Read More

July 28, 2022 @ 11:47 pm By Omar Faridi  |  

Temenos (SIX: TEMN) and Wipro Limited (NYSE: WIT) announced an expanded partnership “to help banks of every size accelerate their modernization journey.” This expanded partnership will “enable banks across varying scales to accelerate their go-to market strategies in regions including the United States, the U.K… Read More

June 16, 2022 @ 8:37 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that TS Banking Group, an Iowa-based banking institution, has selected Temenos Banking Services “delivered on the Temenos Banking Cloud for a complete front-to-back digital transformation.” TS Banking Group will “migrate the entirety of its banking operations to Temenos’ leading open platform… Read More